Company News

Flood forecaster Previsico has raised further funding which is aimed to accelerate growth in Europe and enable US expansion.

Previsico aims for European growth and US expansion with latest funding

Flood forecaster Previsico has raised further funding which is aimed to accelerate growth in Europe and enable US expansion.
INSHUR, a pioneering commercial auto insurance startup, has officially launched its insurance offerings for on-demand livery drivers in Arizona.

INSHUR expands to Arizona to enhance insurance for on-demand livery drivers

INSHUR, a pioneering commercial auto insurance startup, has officially launched its insurance offerings for on-demand livery drivers in Arizona.
Ushur, FNOL, Customer Experience Automation, Invisible App, Natural Language Processing, insurance 2023, claims process 2023, AI in insurance, machine learning, claim adjusters, digital claims process, customer satisfaction, insurance communication, personalisation in insurance

The future of insurance claims: How automation and AI are enhancing customer experience

Navigating the insurance claim process often comes during challenging times for customers. Following an accident, emergency, or even a natural calamity, individuals typically feel apprehensive and uncertain. This anxiety can be exacerbated if the claim experience further contributes to their distress, whether it's due to the damage to their possessions or physical injuries.
Youi, a prominent Australian insurance company under the Outsurance Group umbrella, has decided not to renew its aggregate reinsurance for the 2024 financial year, due to the current hard market conditions.

Australian InsurTech Youi opts out of aggregate reinsurance as market conditions harden

Youi, a prominent Australian insurance company under the Outsurance Group umbrella, has decided not to renew its aggregate reinsurance for the 2024 financial year, due to the current hard market conditions.
For many insurers, providing a satisfactory customer experience is at the forefront of their ambitions. One such InsurTech is Usher, who prides themselves on their industry-leading solution, Customer Experience Automation (CXA) platform. But why is this solution so groundbreaking? And can it be the silver bullet many carriers need?

How Ushur is pioneering the future of InsurTech with advanced CXA

For many insurers, providing a satisfactory customer experience is at the forefront of their ambitions. One such InsurTech is Usher, who prides themselves on their industry-leading solution, Customer Experience Automation (CXA) platform. But why is this solution so groundbreaking? And can it be the silver bullet many carriers need?
NFP, a prominent insurance broker, has announced its newest venture, Totalis Program Underwriters, a distinguished brand tailored for its specialty programme sector.

NFP introduces Totalis Program Underwriters

NFP, a prominent insurance broker, has announced its newest venture, Totalis Program Underwriters, a distinguished brand tailored for its specialty programme sector.
Everest Insurance, renowned for its global underwriting leadership, has unveiled a comprehensive business travel accident insurance solution.

Everest launches comprehensive business travel accident insurance

Everest Insurance, renowned for its global underwriting leadership, has unveiled a comprehensive business travel accident insurance solution.
Within the realms of specialty and commercial insurance, there's a heightened focus on precision. These particular markets demand more than just the usual numerical analysis when it comes to policy pricing. For them, pricing is not only a combination of art and science but also a strategic influencer. As the world embraces digital advancements, those who manage to break free from traditional practices dominate the industry.

The digital transformation of specialty pricing: A deep dive with Hyperexponential

Within the realms of specialty and commercial insurance, there's a heightened focus on precision. These particular markets demand more than just the usual numerical analysis when it comes to policy pricing. For them, pricing is not only a combination of art and science but also a strategic influencer. As the world embraces digital advancements, those who manage to break free from traditional practices dominate the industry.
Arthur

Hartley Cylke Pacific joins Arthur J. Gallagher & Co.’s growing portfolio

Arthur J. Gallagher & Co has snapped up Hartley Cylke Pacific Insurance Services, a San Diego-based retail insurance broker.
Global InsurTech Roadzen has completed a business combination with SPAC Vahanna Tech Edge Acquisition I Corp, and will now start trading on Nasdaq with a $683M equity value.

Roadzen secures Nasdaq Listing with $683M equity value

Global InsurTech Roadzen has completed a business combination with SPAC Vahanna Tech Edge Acquisition I Corp, and will now start trading on Nasdaq with a $683M equity value.

News Stories

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
Interconnected risks are breaking insurance's old models

Interconnected risks are breaking insurance’s old models

Insurance models are being tested by a risk environment in which exposures increasingly overlap, evolve quickly and create consequences beyond their original category. Earnix,...
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